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It's not clear what it's valuation is post-money, but in its last round, a year ago, the company was valued at $500 million, so doing some straight math and assuming RenRenChe has not raised at a down-round, it's now at least $700 million.
The market is feeling out it's valuation.
It's valuation isn't clear at this point.
The company claims it's valuation has now passed $1.1 billion.
The problem used to be viability; now it's valuation.
It's valuation would also make Facebook worth slightly more than Amazon, which has a $98 billion market cap.
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Over the long run (but not the short), it is valuation; the higher the starting price-earnings ratio when you buy a market, the lower the return over the next 10 years.
As Groupon pursues its plans for an IPO, it's proposed valuation keeps on going up.
It's market valuation closely followed the S&P's 2008 drop of 37%, dividends included.
It's a valuation question".
"Now it's a valuation issue, it's an adjustment," he added.
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